BM
Eng
Mar 25, 2020
5 min read
On 25 March 2020, Bank Negara Malaysia (BNM) announced a six-month loan repayment moratorium for banks and DFIs regulated by BNM. However, this moratorium does not apply to Parkson Credit customers. Customers are advised to continue their repayment schedules. Parkson Credit remains committed to supporting customers facing Covid-19 related difficulties.
On 25 March 2020, Bank Negara Malaysia (BNM) announced the six-month loan repayment moratorium initiative to lessen the financial burden of fellow Malaysians during this challenging period brought about by the Movement Control Order (MCO). The moratorium applies to borrowers / customers from banks and development financial institutions (DFIs) who are regulated by BNM.
The moratorium however does not apply to Parkson Credit customers as it is a non-bank credit provider. Hence, we would like to advise our customers to continue observing their respective repayment schedule via our available payment channels.
Nevertheless, as a socially responsible company during this challenging period, we are always ready to help our customers in a time of need as our customers are our priority.
For customers affected by Covid-19 related difficulties and challenges, please reach us at our Covid-19 Affected Support channel.
